5-6

please do journal entries for each of the dates

Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding, No. 5888 for $1,097 and No. 5893 for $488. Check No. 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE 19,500 TOTAL CHECKS AND DEBITS 9,902 TOTAL DEPOSITS AND CREDITS 11,472 CURRENT BALANCE 21,070 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,097 09/04 5902 785 09/07 5901 1,824 09/17 614 NSF 09/20 5905 943 09/22 5903 390 09/22 5904 2,135 09/28 5907 225 09/29 5909 1,889 DEPOSITS AND CREDITS Date Amount 09/05 1,173 09/12 2,239 09/21 4,181 09/25 2,354 09/30 15 IN 09/30 1,510 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,173 12 2,239 4,181 25 2,354 30 1,734 11,681 21 Cash Payments Cash Check No. Credit 5901 1,824 5902 785 5903 390 5904 2,095 5905 943 5906 968 5907 225 5908 384 5909 1,889 9,503 PR Debit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Credit Balance 17,915 29,596 9,503 20,093 R12 D23 11,681 Additional Information (a) Check No. 5904 is correctly drawn for $2,135 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,095. (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account. Its return has not yet been recorded by the company. (c) The credit memorandum (CM) is from the collection of a $1,510 note for Chavez Company by the bank. The collection is not yet recorded. 1. Prepare the September 30 bank reconciliation for this company. Answer is not complete. CHAVEZ COMPANY Bank Reconciliation September 30 21,070 Book balance Add: Check No. 5893 20,093 488 Bank statement balance Add: Check No. 5893 Check No. 5908 Check No. 5906 $ 488 X 384 Check No. 5904 2,135 968 1,840 NSF check 614 3,237 23,330 22,910 Deduct: Check No. 5888 Deduct: Check No. 5904 X 1,097 2,095 % 1,097 2,095 $ Adjusted bank balance 21,813 Adjusted book balance $ 21,235 Journal entry worksheet Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal